Azerbaijani government provides guarantees on obligations on oil contract for field block Muradkhanli-Jafarli-Zardab|
Baku, Fineko/abc.az. The Azerbaijani government has provided guarantees concerning the obligations on oil project Muradkhanli-Jafarli-Zardab.
Azərişıq collects no more than 23-32% of sold electricity cost|
Baku, Fineko/abc.az. Azerbaijan grid operator Azərişıq sharply lowered the monthly charge from consumers.
Moody’s confirms Azerbaijan’s ratings at Ba1 and assigns negative outlook|
Baku, Fineko/abc.az. Moodys Investors Service has confirmed Azerbaijans long-term issuer ratings and senior unsecured debt ratings at Ba1 and assigned a negative outlook.
Azərişıq completed past year with a phenomenal loss|
Baku, Fineko/abc.az. Azerbaijan’s grid operator Azərişıq finished the past year with a phenomenal loss.
Azerbaijan’s tax authorities inflict first blow to e-commerce|
Baku, Fineko/abc.az. The Tax crime Pre-Investigation Department under the Ministry of Taxes of Azerbaijan has received for consideration the first case relating to e-commerce.
Academy of Sciences keeps plans on formation of national innovative space|
Baku, Fineko/abc.az. At yesterday’s Baku general meeting the National Academy of Sciences of Azerbaijan (AMEA) acknowledged AMEA activity for 2015 as satisfactory.
Two universities in Azerbaijan to be supplemented by new regional branches|
Baku, Fineko/abc.az. Two state universities in Azerbaijan will be supplemented by new regional branches.
Oil price above $48 strengthens much US’ price advantage at oil market|
Baku, Fineko/abc.az. The world prices for oil, crushing the effectiveness of EU industry through the premium status of oil in the European market, have predictably strengthened the support of the American advantage.
Next regional workshop held on AZAFF project, initiated by EU and EBRD|
Baku, Fineko/abc.az. AZAFF project, jointly initiated by the EU and the European Bank for Reconstruction & Development (EBRD), has successfully conducted the second regional workshop on financial literacy for farmers.
Azerbaijani manat stabilizes to US dollar|
Baku, Fineko/abc.az. The Central Bank of Azerbaijan, which introduced on 21 December 2015 the floating exchange rate with help of the auction, reported that the manat rate to the US dollar has stabilized after 3-day decline.
Amec Foster Wheeler to make FEED within Baku refinery upgrade|
Baku, Fineko/abc.az. Amec Foster Wheeler has been awarded a front-end engineering and design (FEED) contract by Azeri state oil company SOCAR for its oil refinery in Baku, Azerbaijan.
Salyan connected to a new water supply source first time since 1972|
Baku, Fineko/abc.az. Azerbaijan’s water operator Azərsu connected Salyan to a new source of water supply for the first time since 1972.
Azerbaijani BOT-contract system gets first negative evaluation by foreigners|
Baku, Fineko/abc.az. The Law on Special Financing of Investment Projects related to construction and infrastructure projects has undergone the first foreign expertise.
S&P downgraded Azerenergy’s rating below sovereign with stable outlook|
Baku, Fineko/abc.az. Standard & Poors Ratings Services has downgraded today its long-term corporate credit rating of power generating company Azerenergy to ‘BB’ from ‘BB+’ with Stable Outlook.
Sumgait Chemical Industrial Park acquired seventh resident|
Baku, Fineko/abc.az. The Sumgait Chemical Industrial Park (SCIP) has acquired its seventh resident.
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